Here are some useful tips on using credit cards. Whether you shop online, by telephone or by mail, a credit card can make buying many things much easier; but when you use a credit card, it's important to keep track of your spending.
Incidental and impulse purchases add up, and each one you make with a credit card is a separate loan. When the bill comes, you have to pay what you owe. Owing more than you can afford to repay can damage your credit rating.
Keeping good records can prevent a lot of headaches, especially if there are inaccuracies on your monthly statement. If you notice a problem, promptly report it to the company that issued the card. Usually the instructions for disputing a charge are on your monthly statement.
If you order by mail, by telephone or online, keep copies and printouts with details about the transaction. These details should include the company's name, address and telephone number; the date of your order; a copy of the order form you sent to the company or a list of the stock codes of the items ordered; the order confirmation code; the ad or catalog from which you ordered.
Finally, if you have a credit card, take the following precautions:
Never lend it to anyone.
Never sign a blank charge slip. Draw lines through blank spaces on charge slips above the total so the amount can't be changed.
Never put your account number on the outside of an envelope or on a postcard.
Always be cautious about disclosing your account number on the telephone unless you know the person you're dealing with represents a reputable company.
Always carry only the cards you anticipate using to prevent the possible loss or theft of all your cards or identification.
Always report lost or stolen credit cards to the card issuers as soon as possible.
You may freely reprint this article provided the author's biography remains intact:
John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the http://www.directonlineloans.co.uk website.
Maintaining your Credit ProfileEvery consumer should be maintaining their credit... Read More
In 2003, Congress passed the Fair and Accurate Credit Transactions... Read More
As you probably know, interest rates are at all time... Read More
Always shop around to get the best deal when choosing... Read More
In addition to the APR (annual percentage rate) and the... Read More
Having a better credit score not only represents easier access... Read More
Your credit report is a very important piece of the... Read More
In the twenty-first century, there are few documents that have... Read More
Parents have the full responsibility for their children and their... Read More
It is very easy to find a site that is... Read More
Make Money from StoozingStoozing, this is a sophisticated method of... Read More
Credit and charge card fraud costs cardholders and issuers hundreds... Read More
Sue is a homeowner and pays her mortgage and other... Read More
I've got some very important info I want you to... Read More
We have all heard countless stories of people over their... Read More
While working through my own debt situation, and helping others... Read More
It is wise for you to have a company credit... Read More
When you apply for a credit card, the application that... Read More
Credit needed for real estate mortgage financing differs from credit... Read More
When you apply for a loan or a mortgage, the... Read More
Did you apply for a personal loan only to be... Read More
In their quest to get you to sign up for... Read More
Most consumers are aware that there are companies that keep... Read More
Imagine opening your credit card statement one morning and discovering... Read More
Today there are so many different credit cards available, student... Read More
Credit cards have migrated from being hip or convenience product... Read More
A credit report is more than just a snapshot of... Read More
Have you ever wondered why your credit card bill is... Read More
You've probably heard the term credit scoring. You may have... Read More
If you have considered credit counseling as an option to... Read More
The three major credit bureaus, Experian, Equifax and Trans Union... Read More
The nightmare of identity theft strikes an estimated 750,000 people... Read More
There are three major factors that affect how much you... Read More
Let's face it, if you are facing the possibilities of... Read More
If you begin foaming at the mouth once a month... Read More
Clean Credit Reports, your credit report contains information about where... Read More
The average American knows very little about bankruptcy. Most people... Read More
If you have considered credit counseling as an option to... Read More
There are many misconceptions about credit scores out there. There... Read More
Credit cards are a form of unsecured credit. The issuer... Read More
It goes without saying that your first and best defense... Read More
Well now we add CitiGroup and UPS to the Identity... Read More
Moving money from credit card to credit card to take... Read More
Reach into your wallet or purse, pull out a card,... Read More
There's only one way to discover the "health" of your... Read More
HarassmentHarassment of people in debt by creditors or their agents... Read More
Identity theft has become an epidemic. Millions and millions of... Read More
Many companies use the slogan "Bad Credit? No Credit? No... Read More
The first rule when applying for banking and credit services... Read More
If you have a bad credit rating, then you might... Read More
The Fair Credit Reporting Act (FCRA) and the recent update... Read More
There are millions of consumer credit reports on file from... Read More
Consumers interested in purchasing or refinancing a home will pay... Read More
If you want to enjoy your life out of spending,... Read More
Article excerpted from the new book, "How to Do Space... Read More
Credit Cards and Loans sounds like just two things, but... Read More
It is wise for you to have a company credit... Read More
Just as there are too many credit card companies to... Read More
A lot of people spend more money than they can... Read More
You've just opened your credit card bill and attached to... Read More
They arrive in your mail - a conspicuous looking mail... Read More
Credit Score FactorsThe information contained on our credit reports affect... Read More
If you intend to apply for a loan, you need... Read More
Check 21 is the common name for the Check Clearing... Read More
Here's a dirty secret, today's "non profit credit counselors" are... Read More
Most of us want a good credit report to obtain... Read More
Credit |